Shuangliang Eco-Energy SystemsLtd Dividend
Dividend criteria checks 3/6
Shuangliang Eco-Energy SystemsLtd is a dividend paying company with a current yield of 6.77% that is well covered by earnings.
Key information
6.8%
Dividend yield
85%
Payout ratio
| Industry average yield | 1.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.38 |
| Dividend yield forecast in 3Y | 3.6% |
Recent dividend updates
Recent updates
Shuangliang Eco-Energy SystemsLtd's (SHSE:600481) Shareholders Will Receive A Smaller Dividend Than Last Year
Jun 07
Shuangliang Eco-Energy SystemsLtd (SHSE:600481) Seems To Be Using A Lot Of Debt
May 22Market Might Still Lack Some Conviction On Shuangliang Eco-Energy Systems Co.,Ltd (SHSE:600481) Even After 34% Share Price Boost
Mar 07Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600481's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600481's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Shuangliang Eco-Energy SystemsLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600481) | 6.8% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.5% |
| Industry Average (Machinery) | 1.9% |
| Analyst forecast in 3 Years (600481) | 3.6% |
Notable Dividend: 600481's dividend (6.77%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 600481's dividend (6.77%) is in the top 25% of dividend payers in the CN market (2.54%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (85%), 600481's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600481 is paying a dividend but the company has no free cash flows.